The scandal-ridden San Francisco bank admitted Thursday that it saw drastic declines in new applications for credit cards and checking accounts, two key products that were at the center of Wells’ cross-selling controversy.

Credit card applications plunged by 42 percent, to 200,000, during the first three months of the year, the bank said in its earnings release. New checking account applications fell by 35 percent, to 400,000.

Last week, proxy advisory firm Institutional Shareholder Services recommended the bank give the boot to 80 percent of its board for failing to detect the fake-accounts scandal, which last year led to a $185 million settlement with government agencies and the ouster of the bank’s last CEO, John Stumpf.

Earlier this week, the bank put out its own report blaming Stumpf and the former head of retail banking, Carrie Tolstedt. The board clawed back $75 million in compensation from the disgraced duo.

Nevertheless, shareholders aren’t expected to oust any of the bank directors, The Post reported on Wednesday.

Wells on Thursday reported $5.46 billion in profit during the first quarter, or $1 a share, which was about flat from last year. The bank beat analysts’ low expectations of 97 cents a share.

The bank’s expenses rose about 6 percent, driven in part by regulatory and compliance costs.

The results were “unimpressive,” said John Pancari, an analyst at Evercore ISI, in an analyst note.

The tepid results sent the bank’s stock tumbling 1.7 percent in late morning trading, to $52.24.

The results come less than two weeks before the bank’s annual meeting, which is expected to be more dramatic than usual.